Why Capital Is Fleeing China: The Crushing Costs Of Systemic Corruption
by Charles Hugh-Smith of OfTwoMinds blog,
ZeroHedge.com
09/04/2015
Corruption isn’t just bribes and influence-peddling: it’s protecting the privileges of the few at the expense of the many. Rampant pollution is corruption writ large: the profits of the polluters are being protected at the expense of the millions being poisoned. What China will be left with a poisoned land stripped of talent and capital.
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